Funding you earn now, next payment 04:00 UTC+0.0379%/8h= +41.5% APRnext payment +$1.89 per $10,000 · paid last 24h +0.007%
Price spread now: Gate against Binance−0.123%7-day average −0.175% · you buy dearer than you sell
Net, funding: paid 7d − costs−$940as in the Funding arb table
Net, price: spread back to 7d avg − costs−$947as in the Price arb table
costs, in and out, $10k−$9529.521% of the position
Funding, last 7 days+0.124%+$12 on $10k
+Price spread, last 4 days (all we have)−0.140%−$14 · spread now −0.123%, 7d avg −0.175%
=Both sides work for this trade now. Funding pays +$11 a day on $10k at the current rate, and Gate is 0.051% dearer against Binance than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.175%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.124% in total (about 6.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.89 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance SIRENUSDT | 0.02422 | 0.2139 | pay 0.1070% / 4h | 1h 43m | $8.4M | $3.3M | 10x |
| Short | Gate SIREN_USDT | 0.02419 | 0.2518 | get 0.1259% / 4h | 1h 43m | $581K | $188K | 10x |
Binance SIRENUSDT
Gate SIREN_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Binance. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $79.59
- Price spread: −0.123% → −0.175%
- $5.14
- Slippage, 4 orders
- −$927.09
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$867.36
- Costs to cover
- 9.521%
- Break-even
- 83.3 days
Slippage from Binance: live order book, 10 min ago; Gate: live order book, 17 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Binance live order book, 10 min ago | 4.11 bp | 32.2 bp −$32 | 194.5 bp −$1,945 | doesn't fit | doesn't fit |
| Sell Gate live order book, 17 min ago | 6.18 bp | 146.5 bp −$147 | doesn't fit | doesn't fit | doesn't fit |
SIREN on 9 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX SIREN-USDT | +0.0100% | 4h | 0.02423 | +0.042% | $2K | $1.0M | 20x | as long as short |
| Bitget SIRENUSDT | +0.1006% | 4h | 0.02436 | +0.579% | $2.8M | $1.3M | 10x | as long as short |
| KuCoin SIRENUSDTM | +0.1712% | 4h | 0.02424 | +0.083% | $990K | $390K | 10x | as long as short |
| Aster SIRENUSDT | +0.2126% | 4h | 0.02421 | −0.027% | $213K | $82K | 5x | as long as short |
| MEXC SIREN_USDT | +0.2138% | 4h | 0.02421 | −0.041% | $696K | $128K | 100x | as long as short |
| Binance SIRENUSDTlong | +0.2139% | 4h | 0.02422 | long leg | $8.4M | $3.3M | 10x | |
| BingX SIREN-USDT | +0.2166% | 4h | 0.02421 | −0.041% | — | $2.3M | — | as long as short |
| Gate SIREN_USDTshort | +0.2518% | 4h | 0.02419 | −0.123% | $581K | $188K | 10x | |
| Bybit SIRENUSDT | +0.9162% | 4h | 0.02436 | +0.579% | $1.9M | $2.4M | 5x | as long as short |
SunX SIREN-USDT
Bitget SIRENUSDT
KuCoin SIRENUSDTM
Aster SIRENUSDT
MEXC SIREN_USDT
BingX SIREN-USDT
Bybit SIRENUSDT